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Ballet Theatre Of Maryland Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521151372 ✦ Annapolis, MD ✦ Designated as a 501(c)(3)

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Overview

What is Ballet Theatre Of Maryland Inc?

Ballet Theatre of Maryland Inc is a nonprofit organization dedicated to fostering a love for dance arts. By offering dancers a platform to learn and perform, it nurtures their talent while providing choreographers an avenue for creative expression and training. The organization is committed to delivering top-notch entertainment and education in the realm of dance. In addition, Ballet Theatre of Maryland Inc offers educational opportunities, ensuring that its dancers have ample chances to showcase their abilities.


Official website here: www.balletmaryland.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating.

Ballet Theatre Of Maryland Inc has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With a score of 96 in Accountability & Finance and a perfect score of 100 in Culture & Community, the organization demonstrates robust financial management and a dedication to fostering a positive organizational culture. Key highlights include a fully independent board, thorough financial audits, and no reported issues with material diversion of assets.

The theater's strong financial practices are evident through an excellent program expense ratio of 81.06%, indicating that a significant portion of its resources is directed towards its mission-driven activities. The organization also excels in collecting and utilizing feedback effectively, which underscores its responsiveness to community needs and stakeholder input. Furthermore, the Ballet Theatre Of Maryland has demonstrated a commitment to equity, with high scores across various equity-related categories.

Overall, Ballet Theatre Of Maryland Inc stands out for its transparency, effective governance, and financial integrity. These strengths make it a reputable nonprofit within the arts sector, ensuring that a substantial amount of donations directly support its programs and initiatives.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Ballet Theatre Of Maryland Inc?

94% of 48 reviewers on Facebook recommend Ballet Theatre Of Maryland Inc. Here is a summary of their reviews:

Many patrons of the ballet express enthusiastic support for the performances, highlighting the quality of both the dancing and the overall production value. One reviewer specifically praised the opening night of "Excalibur," describing it as an incredible experience filled with great dancing, acting, and music.

Overall, the sentiment is positive, with audience members eager to recommend the performances and encouraging others not to miss out. The strong level of endorsement underscores the talent and dedication of the company, contributing to memorable theatrical experiences for attendees.


This AI summary has been generated from reviews found on Facebook.

Is Ballet Theatre Of Maryland Inc legitimate?

Ballet Theatre Of Maryland Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ballet Theatre Of Maryland Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $63,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $423,185

For more financial information, click here


Official website here: www.balletmaryland.org

What is the mission statement of Ballet Theatre Of Maryland Inc?

Ballet Theatre of Maryland Inc's mission is centered around fostering an interest and appreciation for dance arts. They achieve this by offering dancers a chance to study and perform, serving as a platform for choreographers to express their creativity and hone their skills, and providing high-quality entertainment and education in the realm of dance. The organization also extends its services by providing educational opportunities in the dance field and offering numerous performance chances for its dancers.


Official website here: www.balletmaryland.org

Who is the CEO of Ballet Theatre Of Maryland Inc?

Edward Atsinger is the President of Ballet Theatre Of Maryland Inc.


Official website here: www.balletmaryland.org

What is the revenue of Ballet Theatre Of Maryland Inc?

Ballet Theatre Of Maryland Inc's revenue in 2023 was $1,056,739.


Official website here: www.balletmaryland.org

Who are the executives of Ballet Theatre Of Maryland Inc and what are their salaries?

The average compensation at Ballet Theatre Of Maryland Inc during 2023 was $9,734. There are 50 employees and 82 volunteers at Ballet Theatre Of Maryland Inc.


Here are 9 key members and their salaries:


Robert Sutton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Katz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Seitz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Halverson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Rosela (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Lee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Deutsch (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Atsinger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Kelsh (Artistic Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.balletmaryland.org

Where can I find the form 990 for Ballet Theatre Of Maryland Inc?

Ballet Theatre Of Maryland Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.balletmaryland.org

Learn more at the official website: www.balletmaryland.org

Mission Statement of Ballet Theatre Of Maryland Inc

Ballet Theatre of Maryland, a renowned organization, is dedicated to fostering interest and enjoyment in dance arts. It achieves this goal by offering dancers an opportunity to study and showcase their talents through performances. Furthermore, the institution is a valuable platform for choreographers, providing them with an outlet for creative expression and training. Beyond entertainment, Ballet Theatre of Maryland is committed to educating individuals in the realm of dance. By offering numerous chances for dancers to perform, the organization ensures that the art of dance remains vibrant and accessible to the public.

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Impact




July, 2024

Ballet Theatre of Maryland Inc's impact lies in its promotion of the interest in and enjoyment of dance arts. By providing dancers with opportunities to study and perform, as well as offering choreographers an outlet for creative expression and training, the organization plays a vital role in nurturing talent and fostering a vibrant dance community. Through its focus on quality entertainment and education in the field of dance, Ballet Theatre of Maryland enriches the cultural landscape and provides a platform for artistic growth and exploration. Additionally, the educational opportunities it offers contribute to the development of both aspiring and seasoned dancers, fostering a love for dance and enhancing the overall appreciation for the art form.




This information is meant to be a general summary of Ballet Theatre Of Maryland Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,056,739 (2023)
Expenses
$1,051,688 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $707,536
  • Gross Receipts: $1,065,920

Assets and Liabilities:

  • Total Assets: $551,501
  • Total Liabilities: $220,214
  • Net Assets: $331,287

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Costume Fees
Fees

Revenue

$32,462

Performance Sales

Revenue

$366,749

Program Advertising

Revenue

$3,500

Tuition-Net

Revenue

$304,825

Organization Details

Founding Year

1978

Principal Officer

Edward Atsinger

Main Address

801 Chase Street, Annapolis, MD, 21401

NTEE Category

Code: A63Z - Arts

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